About one in five new businesses fails in the first eight years. ...

[Brittanyd9008]

About one in five new businesses fails in the first eight years.
 
  Indicate whether the statement is true or false

Question 2

Would you use credit in your business? Why or why not?
 
  What will be an ideal response?

[aburgess]

Answer to Question 1

TRUE

Answer to Question 2

As credit has become more widely available, consumers have come to expect that credit cards will be readily accepted, and vendors are expected to give payment terms. While students opinions as to whether they would use credit or not would vary, there are both costs and benefits of extending credit.